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New Plays, Thursday, 02/02/2006

by OI Staff

HAVING TROUBLE PRINTING?

New Plays

Long
Plays

Short
Plays

None

NRP

New Long Plays

None today.

New Short Plays

Nat.Res.Ptnrs - NRP - close: 53.01 change: -0.48 stop: 56.01

Company
Description:
Natural Resource Partners L.P. is headquartered in Houston, TX, with its
operations headquarters in Huntington, WV. NRP is a master limited partnership
that is principally engaged in the business of owning and managing coal
properties in the three major coal producing regions of the United States:
Appalachia, the Illinois Basin and the Powder River Basin. (source: company
press release or website)

Why We Like It:
We are going to
hedge our bets. Currently we have coal-producer ARLP on the play
list as a potential bullish candidate. We are still on the sidelines with ARLP
but suspect that it is about to turn higher. Meanwhile NRP is still turning
lower. NRP has been sliding in a trend of lower highs and lower lows for months
and just completed another failed rally at $56.00. We see today's decline as yet
another entry point to short the stock. Our target is the $48.00-47.00 range. We
do not want to hold over
the late February earnings report.